Contributor.

Ibukun TaiwoLagos Business School, financial services content expert

Ibukun Taiwo is a financial services content expert.

He manages content and communications for the Sustainable and Inclusive Digital Financial Services initiative of the Lagos Business School, which is funded by the Bill and Melinda Gates Foundation. He also leads the advocacy efforts of the initiative to communicate policy reforms and recommendations to Nigeria’s stakeholders – policymakers, regulators and DFS operators.

He has an MSC in Media and Communications from the School of Media and Communication, Pan Atlantic University, Lagos. Prior to joining SIDFS, he was involved in the budding African tech startup ecosystem having worked with startups and media outlets.

Nigeria's Central Bank has finally admitted something it had been hinting at for months: The 2020 goals described in its National Financial Inclusion Strategy are not feasible. Building off the wins and learning from the shortcomings of that strategy, the country is now setting new goals and targeting new gains in financial access. Olayinka David-West and Ibukun Taiwo of the Lagos Business School share their five recommendations for the next phase in Nigeria’s efforts to reach the unbanked.

Nigeria leads all other emerging economies with 21 licensed mobile money operators. But high levels of unbanked and underbanked citizens have led to poor adoption rates for digital financial services. The Sustainable and Inclusive Digital Financial Services (SIDFS) initiative of the Lagos Business School has been studying ways to improve customer access and product development. In recently published research, Olayinka David-West and Ubukun Taiwo, both of LBS, reveal six policy recommendations for regulators that could help DFS to thrive in Nigeria.